Risk Management Exchange
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The Risk Management Exchange (RMX) was a
futures exchange A futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts defined by the exchange. Futures contracts are derivatives contracts to buy or sell specific quantities of a commodity or ...
based in
Hannover Hanover ( ; ; ) is the capital and largest city of the States of Germany, German state of Lower Saxony. Its population of 535,932 (2021) makes it the List of cities in Germany by population, 13th-largest city in Germany as well as the fourth-l ...
,
Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...
which filed for insolvency in February 2009. It was founded as the Warenterminbörse Hannover (Commodity Exchange Hannover, WTB) in 1998 by the
German Farmers' Union German(s) may refer to: * Germany, the country of the Germans and German things **Germania (Roman era) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizenship in Germany, see also Ger ...
and a group of financiers. It was Germany's first fully electronic commodity exchange. In December 2005 WTB and Dekrebo Kredit Börse merged and the new group was renamed RMX. As of January 2007, current agricultural commodities traded areRMX web site, below * Hogs * Piglets *
Potatoes The potato () is a starchy tuberous vegetable native to the Americas that is consumed as a staple food in many parts of the world. Potatoes are underground stem tubers of the plant ''Solanum tuberosum'', a perennial in the nightshade famil ...
(three kinds; 'Table', 'European Processing' and 'London') *
Wheat Wheat is a group of wild and crop domestication, domesticated Poaceae, grasses of the genus ''Triticum'' (). They are Agriculture, cultivated for their cereal grains, which are staple foods around the world. Well-known Taxonomy of wheat, whe ...
The contract on brewing
barley Barley (), a member of the grass family, is a major cereal grain grown in temperate climates globally. It was one of the first cultivated grains; it was domesticated in the Fertile Crescent around 9000 BC, giving it nonshattering spikele ...
is suspended as of 30 April 2008. Recyclable paper contracts are currently suspended (as of 2005).{{fact, date=October 2021
Rapeseed Rapeseed (''Brassica napus'' subsp. ''napus''), also known as rape and oilseed rape and canola, is a bright-yellow flowering member of the family Brassicaceae (mustard or cabbage family), cultivated mainly for its oil-rich seed, which naturall ...
was traded in the past.


References


External links


Risk Management Exchange web site
(Dead link - 4 January 2010) Commodity exchanges Companies based in Hanover Futures exchanges Financial services companies established in 1998 Financial services companies disestablished in 2009 German companies disestablished in 2009 German companies established in 1998